The one-year countdown to the 2014 Winter Olympics has begun, and Hilton Hotels used to opportunity to extend its partnership with the U.S. Olympic Committee through the 2016 Summer Games in Rio de
Janeiro. Read the whole story...

Toyota is keeping up the fight to be a belt-holder in the heavyweight division: pickups. The automaker laced on the gloves at the Chicago Auto Show, where it showed the redesigned Tundra for the 2014
model year. The truck will go on sale in September. Pricing has not been announced. The Japanese automaker said this is the first big change to the current-generation truck that debuted at the 2006
Chicago Auto Show as a 2007 model. Read the whole story...

Kia is the latest maker hoping to "blur the lines" between a luxury sedan and a three-row crossover with the new Cross GT Concept it has unveiled at the Chicago Auto Show. It brings to mind the size
gap between the 2- and 3-row versions of the Santa Fe launched this year by sibling maker Hyundai - but with more upscale accoutrements. "The debut of the GT in 2011 heralded a new frontier for Kia,
both from a design and a business perspective," noted Peter Schreyer, Kia Motors Corporation president and global chief of design. Read the whole story...

At its fastest pace in a decade ABC has sold out its advertising spots for the Oscar telecast. It's also getting more money per spot. It's a big change from when ad sales used to go on until Oscar
weekend itself. But this season, Walt Disney Co.-owned ABC had sold most of the show's commercial time before Christmas. Disney Chief Financial Officer Jay Rasulo said this week during a conference
call that the telecast is sold out. Read the whole story...

London City Hall has committed to investing GBP7m in grass-roots projects in the capital over the next two years as part of the Mayor's Sports Legacy Program. The city, to raise that cash, has
approached UK-based sponsors of London 2012: Lloyds TSB, Cadbury, Adidas and BT, with requests for funding of between GBP500,000 and GBP1m. Sources say the brands are balking on the backing. Lloyds
TSB, in particular, is understood to have rejected the proposal, looking instead to fund its own schemes across the country. Read the whole story...